Standalone Medical Building with Exam
For Sale
$995,000
390 E Sunset Way, Issaquah, WA 98027
Standalone medical building features prominent signage, seven exam rooms, and washer/dryer amenities with easy access to I-90.
Property Size1,438 SF
Days on Market94
Property Features for 390 E Sunset Way
General Information
Standard status
Active
Size
1,438 SF
Class
C
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Building Size
1,438 SF
Year Built
1930
Listing Agency:
Leibsohn & Company
Listed By:
Dan Krekel, CCIM · License #52285
(206) 295-6052
Source:
Leibsohn
Added: Jul 27
Changed: Oct 26
Last Checked: Oct 28 at 5:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Leibsohn & Company
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Investment Insights
Based on property information with market context.
Standalone medical building available for sale at 390 E Sunset Way in Issaquah, WA. The property offers seven exam rooms and includes washer/dryer availability. Prominent building signage is also available, supporting visibility for patients and visitors.
The building provides easy access to I-90 and is located close to Downtown Issaquah, offering convenient connectivity for healthcare operations serving the immediate area.
The building provides easy access to I-90 and is located close to Downtown Issaquah, offering convenient connectivity for healthcare operations serving the immediate area.
Key Highlights
- $1,195,000 standalone medical building
- Prominent building signage available
- 7 exam rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,323
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,460
$606.5K
Cap Rate 7%
$433,186
$433.2K
Cap Rate 9%
$336,922
$336.9K
Market Conditions
NOI Build-Up for 1,438 SF
Gross rent
$51.8K $36.00/SF
− Vacancy
−$11.3K −$7.88/SF
EGI
$40.4K $28.12/SF
− OpEx
−$10.1K −$7.03/SF
NOI
$30.3K $21.09/SF
Area
King County, WA
Vacancy
21.90%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$606,460
Cap Rate 7%
$433,186
Cap Rate 9%
$336,922
Alternative Uses
Best Use
Office B
$433.2K
$379.0K – $505.4K
NOI $30,323 @ 7.0% cap · market cap 3.05%
Second Best
Healthcare Medical
$272.2K
$238.2K – $317.6K
NOI $19,057 @ 7.0% cap · market cap 1.92%
Theoretical Best
Office A
$576.0K
$504.0K – $672.0K
NOI $40,317 @ 7.0% cap · market cap 4.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,586
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98027, WA
29,089
Population
12,071
Households
2.4
Avg Household Size
41
Median Age
65%
College-Educated
97%
High-School Grad
57.2 sq mi
ZIP Area
509
Density / Sq Mi
$150,000
Median Household Income
$82,823
Median Earnings
$2,343
Median Rent
$976,400
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Cougar Mountain Veterinary Hospital & Wellness Center — 880 Front St S, Issaquah, WA 98027
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- Annotto Bay Veterinary Clinic — 425 Rainier Blvd N #3, Issaquah, WA 98027
- Dr. Kim Rice, D.V.M. — 795 1st Ave NW, Issaquah, WA 98027
- Issaquah Veterinary Hospital — 795 1st Ave NW, Issaquah, WA 98027
Frequently Asked Questions
What type of property is this?
Medical Office Space - Standalone medical building features prominent signage, seven exam rooms, and washer/dryer amenities with easy access to I-90.
Where is this medical office space located?
The property is located at 390 E Sunset Way Issaquah, WA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: $1,195,000 standalone medical building; Prominent building signage available; 7 exam rooms
